tiprankstipranks
Trending News
More News >
Crown ElectroKinetics (CRKN)
OTHER OTC:CRKN
US Market

Crown ElectroKinetics (CRKN) AI Stock Analysis

Compare
598 Followers

Top Page

CRKN

Crown ElectroKinetics

(OTC:CRKN)

Select Model
Select Model
Select Model
Neutral 42 (OpenAI - 5.2)
Rating:42Neutral
Price Target:
$0.19
▲(284.00% Upside)
The score is primarily held down by weak financial performance—persistent negative margins and negative operating/free cash flow outweigh strong revenue growth. Technical indicators provide only a modest near-term offset with improving short-term trend and neutral-to-moderate momentum. Valuation contributes little due to a non-meaningful P/E and no dividend yield data.
Positive Factors
Strong Revenue Growth
Sustained high revenue growth indicates successful market adoption of CRKN’s electrokinetic technology and expanding customer relationships. Over 2–6 months, persistent top-line momentum supports capacity scaling, commercial partnerships, and provides a platform to leverage fixed costs toward future margin improvement.
Improved Leverage Management
Reducing leverage strengthens financial flexibility and lowers refinancing risk, enabling management to fund product development or strategic moves without excessive interest burden. Improved capital structure enhances survivability and investment capacity across the next several quarters.
Strategic Divestiture of Non-Core Assets
Selling the fiber optics operating assets for cash and transferring contracts concentrates resources on core electrokinetic displays, simplifies operations, and injects near-term liquidity. This structural refocus can improve capital allocation and management attention over the medium term.
Negative Factors
Persistent Unprofitability
Ongoing negative margins indicate the business has yet to achieve profitable unit economics. Without durable margin expansion from pricing, mix, or cost reductions, the company faces structural profitability risk that can impair reinvestment and investor returns over several quarters.
Negative Operating and Free Cash Flow
Continued negative operating and free cash flow signals weak cash generation and ongoing liquidity pressure. Structural cash deficits constrain R&D, commercialization, and working capital funding, increasing reliance on external financing and raising execution risk over the medium term.
Negative Return on Equity
A negative ROE despite improved leverage implies the company is not generating acceptable returns on shareholder capital. This structural shortfall can limit strategic options, deter long-term investors, and necessitate persistent reinvestment or capital raises to reach sustainable profitability.

Crown ElectroKinetics (CRKN) vs. SPDR S&P 500 ETF (SPY)

Crown ElectroKinetics Business Overview & Revenue Model

Company DescriptionCrown ElectroKinetics (CRKN) is a technology company specializing in advanced electrokinetic solutions for the display industry. The company focuses on developing innovative products that enhance the performance and functionality of electronic displays, particularly in the fields of automotive, commercial, and consumer electronics. Crown ElectroKinetics aims to revolutionize display technologies through its proprietary electrokinetic technology, which enables dynamic and energy-efficient visual displays.
How the Company Makes MoneyCrown ElectroKinetics generates revenue primarily through the sale of its proprietary electrokinetic display technologies and related products to manufacturers in the electronics industry. The company partners with key players in sectors such as automotive and consumer electronics to integrate its technology into their products, facilitating revenue-sharing agreements and licensing fees. Additionally, CRKN may receive income from research and development collaborations, as well as grants or funding aimed at advancing its technology. The company's focus on innovative solutions positions it to capitalize on the growing demand for energy-efficient and versatile display systems, contributing significantly to its earnings.

Crown ElectroKinetics Earnings Call Summary

Earnings Call Date:Nov 14, 2024
(Q3-2024)
|
% Change Since: |
Next Earnings Date:Apr 07, 2026
Earnings Call Sentiment Neutral
Crown's earnings call highlighted strong revenue growth and strategic expansion in key divisions, particularly Fiber Optics and Water Solutions. However, increased operating expenses and a growing net loss pose challenges. The company remains optimistic about future growth and profitability.
Q3-2024 Updates
Positive Updates
Record Revenue Achievement
Crown reported record revenues of $8 million for Q3 2024, a significant increase from zero in the same period of 2023.
Strong Growth in Fiber Optics and Water Solutions
The growth in revenue was primarily driven by new contracts from Crown's Fiber Optics and Water Solutions divisions, including the new slant wells and Element 82 lead detection business.
Strategic Expansion in Water Solutions
Crown secured $48 million in anticipated projects and over $70 million in expected projects in the Water Solutions division, particularly with lead pipe inspection and remediation.
Future Growth and Profitability Outlook
Crown anticipates reaching profitability in 2025 with projected revenues between $30 million and $35 million for fiscal 2025.
Negative Updates
Increased Operating Expenses
Operating expenses rose to $7.2 million in Q3 2024 from $3.4 million in the same period of 2023, primarily due to increased compensation and benefits, stock compensation expenses, and professional fees.
Net Loss Increase
The net loss for Q3 2024 was $5.9 million, compared to a net loss of $2.9 million in the same period of 2023.
Challenges in Cash Flow Management
Cash flow remains challenging due to the level of new business and the required upfront working capital investment.
Company Guidance
During Crown's Q3 2024 earnings call, the company reported record revenue of $8 million, a significant increase from the previous year, driven by new contracts in their Fiber Optics and Water Solutions divisions. The CEO, Douglas Croxall, emphasized the company's commitment to scaling and meeting their guidance, projecting Q4 revenue of $9 million and full-year 2024 revenue of $22 million. For 2025, Crown anticipates revenue between $30 million and $35 million, with plans to achieve profitability. The strategic growth strategy includes a three-phase rollout for their Smart Windows division and continued expansion in Fiber Optics and Water Solutions, with over $48 million in secured projects and an estimated $70 million in expected projects. Croxall also expressed confidence in their ability to address critical infrastructure needs and leverage opportunities in lead pipe remediation under the ongoing regulatory framework.

Crown ElectroKinetics Financial Statement Overview

Summary
Revenue growth is strong (46.36%), but profitability remains weak with negative gross and net margins, and both operating and free cash flows are still negative. Balance sheet leverage has improved, yet negative ROE and ongoing losses keep financial strength constrained.
Income Statement
30
Negative
Crown ElectroKinetics has shown significant revenue growth of 46.36% in the latest year, indicating potential market expansion. However, the company continues to face challenges with profitability, as evidenced by negative gross profit and net profit margins. The EBIT and EBITDA margins are also negative, reflecting ongoing operational inefficiencies.
Balance Sheet
40
Negative
The company's debt-to-equity ratio has improved over the years, indicating better leverage management. However, the return on equity remains negative, highlighting ongoing profitability challenges. The equity ratio suggests a moderate reliance on equity financing, but overall financial stability is still a concern due to negative net income.
Cash Flow
35
Negative
Crown ElectroKinetics has shown improvement in free cash flow growth, but both operating and free cash flows remain negative, indicating liquidity challenges. The operating cash flow to net income ratio is unfavorable, suggesting inefficiencies in converting income into cash flow.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue21.79M19.70M153.00K0.000.00100.00K
Gross Profit-777.00K-714.00K-733.00K0.000.00-520.00K
EBITDA-28.91M-23.06M-18.34M-14.61M-21.82M-7.76M
Net Income-31.02M-25.95M-28.98M-14.37M-37.16M-40.76M
Balance Sheet
Total Assets43.49M34.98M9.53M6.59M9.65M388.64K
Cash, Cash Equivalents and Short-Term Investments22.45M13.70M1.06M821.00K6.13M48.31K
Total Debt2.38M2.53M2.16M3.60M8.00K3.08M
Total Liabilities7.61M12.74M4.85M6.06M664.00K7.35M
Stockholders Equity35.88M22.24M4.68M530.00K8.99M-6.96M
Cash Flow
Free Cash Flow-34.26M-24.33M-18.33M-11.95M-12.04M-1.07M
Operating Cash Flow-26.52M-18.18M-16.16M-11.14M-11.41M-1.04M
Investing Cash Flow-7.80M-6.21M-2.82M-812.00K-2.40M-26.60K
Financing Cash Flow56.48M37.03M19.21M6.64M19.90M1.02M

Crown ElectroKinetics Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.05
Price Trends
50DMA
0.11
Positive
100DMA
0.31
Negative
200DMA
1.02
Negative
Market Momentum
MACD
<0.01
Positive
RSI
57.84
Neutral
STOCH
19.68
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CRKN, the sentiment is Positive. The current price of 0.05 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.11, and below the 200-day MA of 1.02, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 57.84 is Neutral, neither overbought nor oversold. The STOCH value of 19.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CRKN.

Crown ElectroKinetics Risk Analysis

Crown ElectroKinetics disclosed 59 risk factors in its most recent earnings report. Crown ElectroKinetics reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 3 New Risks
1.
If the trading price of our Common Stock fails to comply with the continued listing requirements of the Nasdaq Capital Market, we would face possible delisting, which would result in a limited public market for our Common Stock and make obtaining future debt or equity financing more difficult for us. Q4, 2023
2.
Due to the recent implementation of the Reverse Stock Split, the liquidity of our Common Stock may be adversely effected. Q4, 2023
3.
Crown Fiber Optics is dependent on the communications industry and may be susceptible to the risks associated with it, which could materially adversely affect its business, financial position or results of operations. Q4, 2023

Crown ElectroKinetics Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
61
Neutral
$74.63M40.305.08%0.18%-54.25%
48
Neutral
$59.94M-21.9311013.00%39.85%
47
Neutral
$10.53M-0.52-77.79%39.37%69.81%
43
Neutral
$6.00M-0.09-43.37%61.85%49.02%
42
Neutral
$347.59K2580.32%99.75%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CRKN
Crown ElectroKinetics
0.20
-6.31
-96.93%
FSI
Flexible Solutions International
5.86
-0.27
-4.40%
GURE
Gulf Resources
4.55
-2.25
-33.09%
SNES
SenesTech
1.89
-1.14
-37.79%
LOOP
Loop Industries
1.23
0.08
6.96%
CNEY
CN Energy Group
1.03
-4.95
-82.78%

Crown ElectroKinetics Corporate Events

Business Operations and StrategyM&A Transactions
Crown ElectroKinetics Divests Fiber Optics Operating Assets
Neutral
Jan 8, 2026

On January 2, 2026, effective January 5, 2026, Crown Fiber Optics Corp., a subsidiary of Crown Electrokinetics Corp., entered into an Asset Purchase Agreement to sell all of its equipment, tools, inventory, vehicles, machinery, and other tangible property used in its fiber optics and construction operations, along with all open and ongoing customer and service contracts, to Paramount Infrastructure Corp. for $2 million. The purchase price is to be paid in four equal installments between January 5 and March 1, 2026, with Crown Fiber Optics retaining a first-priority security interest in the purchased assets until full payment, and the transaction closed on January 5, 2026, marking a significant divestiture of the subsidiary’s operational assets and contracts.

The most recent analyst rating on (CRKN) stock is a Sell with a $0.10 price target. To see the full list of analyst forecasts on Crown ElectroKinetics stock, see the CRKN Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 03, 2026